Consumer Spending in the United Kingdom decreased to 318772 GBP Million in the fourth quarter of 2020 from 319290 GBP Million in the third quarter of 2020. source: Office for National Statistics

Consumer Spending in the United Kingdom averaged 185982.83 GBP Million from 1955 until 2020, reaching an all time high of 351208 GBP Million in the third quarter of 2019 and a record low of 70183 GBP Million in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Spending - values, historical data and charts - was last updated on May of 2021.

Consumer Spending in the United Kingdom is expected to be 315550.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in the United Kingdom to stand at 331523.00 in 12 months time. In the long-term, the United Kingdom Consumer Spending is projected to trend around 352393.00 GBP Million in 2022 and 358384.00 GBP Million in 2023, according to our econometric models.

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United Kingdom Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
318772.00 319290.00 351208.00 70183.00 1955 - 2020 GBP Million Quarterly
Constant Prices 2018, SA

United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -15.00 -16.00 10.00 -39.00 points [+]
Retail Sales MoM 5.40 2.20 14.00 -18.10 percent [+]
Retail Sales YoY 7.20 -3.60 13.10 -22.90 percent [+]
Consumer Spending 318772.00 319290.00 351208.00 70183.00 GBP Million [+]
Disposable Personal Income 370173.00 367916.00 370990.00 68149.00 GBP Million [+]
Personal Savings 15.60 13.90 25.10 -0.90 percent [+]
Bank Lending Rate 1.10 1.10 18.00 1.10 percent [+]
Cbi Distributive Trades 20.00 -45.00 72.00 -55.00 Net Balance [+]
Consumer Credit -535.00 -1168.00 2251.00 -7223.00 GBP Million [+]
Gasoline Prices 1.77 1.73 2.22 0.92 USD/Liter [+]
Households Debt To GDP 88.90 87.70 94.90 28.80 percent of GDP [+]
Retail Sales Ex Fuel 4.90 2.50 13.40 -14.90 percent [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]